Pinered Kirsiaed OÜ

Active Registry code 16390919 OÜ Tallinn Registered 15 Dec 2021
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Pinered Kirsiaed OÜ is a OÜ based in Tallinn, registry code 16390919, status: active. Main activity: Development of building projects. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 1.5 mn €
    industry median 13 620 € · companies in the industry: 30 470
  • Net profit margin · 2025 0.6 %
    industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · industry median 15 029 € · above 2% of the industry
05001 0001 5002 000Q4 2023 Company: 5 000 € Industry median: 14 894 €Q4·23Q1 2024 Company: 1 764 813 € Industry median: 15 029 €Q2 2024 Company: 1 563 € Industry median: 14 045 €Q2·24Q3 2024 Company: 709 707 € Industry median: 14 441 €Q4 2024 Company: 431 719 € Industry median: 14 605 €Q4·24Q1 2025 Company: 217 171 € Industry median: 14 686 €Q2 2025 Company: 20 902 € Industry median: 14 302 €Q2·25Q3 2025 Company: 976 305 € Industry median: 14 276 €Q4 2025 Company: 3 226 € Industry median: 14 465 €Q4·25Q1 2026 Company: 218 677 € Industry median: 14 753 €Q2 2026 Company: 0 € Industry median: 14 601 €Q2·26Q3 2026 Company: 0 € Industry median: 15 029 €Q3·2602004006008001 000Q4 2024 Company: 431 719 € Industry median: 14 605 €Q1 2025 Company: 217 171 € Industry median: 14 686 €Q1·25Q2 2025 Company: 20 902 € Industry median: 14 302 €Q3 2025 Company: 976 305 € Industry median: 14 276 €Q3·25Q4 2025 Company: 3 226 € Industry median: 14 465 €Q1 2026 Company: 218 677 € Industry median: 14 753 €Q1·26Q2 2026 Company: 0 € Industry median: 14 601 €Q3 2026 Company: 0 € Industry median: 15 029 €Q3·26
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € thousand Q1 2026: 45 737 € · +10 390.1% vs Q4 2025
050100150200250Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 228 732 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 124 108 €Q4 2024 Company: 34 617 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 204 126 €Q4 2025 Company: 436 €Q4·25Q1 2026 Company: 45 737 €Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26050100150200250Q4 2024 Company: 34 617 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 204 126 €Q3·25Q4 2025 Company: 436 €Q1 2026 Company: 45 737 €Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 — — — —
Q1 2026 218 677 45 737 — —
Q4 2025 3 226 436 — —
Q3 2025 976 305 204 126 — —
Q2 2025 20 902 — — —
Q1 2025 217 171 — — —
Q4 2024 431 719 34 617 — —
Q3 2024 709 707 124 108 — —
Q2 2024 1 563 — — —
Q1 2024 1 764 813 228 732 — —
Q4 2023 5 000 — — —
Q3 2023 136 600 — — —
Q2 2023 1 397 350 174 235 — —
Q1 2023 85 607 — — —
Q4 2022 99 896 — — —
Q3 2022 59 529 — — —
Q2 2022 13 333 — — —
Q1 2022 — — — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 1 497 921 € · −37.2% vs 2024 · industry median 13 620 € · above 98% of the industry
05001 0001 5002 0002 5002022 Company: — Industry median: 11 792 €20222023 Company: 2 256 674 € Industry median: 12 224 €20232024 Company: 2 384 135 € Industry median: 12 863 €20242025 Company: 1 497 921 € Industry median: 13 620 €202505001 0001 5002 0002 5002022 Company: — Industry median: 11 792 €2023 Company: 2 256 674 € Industry median: 12 224 €20232024 Company: 2 384 135 € Industry median: 12 863 €2025 Company: 1 497 921 € Industry median: 13 620 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 8 784 € · +107.1% vs 2024 · industry median 283 € · above 78% of the industry
-200-10001002002022 Company: -45 005 € Industry median: 161 €20222023 Company: 167 448 € Industry median: 154 €20232024 Company: -124 378 € Industry median: 256 €20242025 Company: 8 784 € Industry median: 283 €2025-200-10001002002022 Company: -45 005 € Industry median: 161 €2023 Company: 167 448 € Industry median: 154 €20232024 Company: -124 378 € Industry median: 256 €2025 Company: 8 784 € Industry median: 283 €2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.6 % · +5.8 pp vs the year before · industry median 5.9 % · above 37% of the industry
-10-505102022 Company: — Industry median: 5.9 %20222023 Company: 7.4 % Industry median: 5.2 %20232024 Company: -5.2 % Industry median: 5.9 %20242025 Company: 0.6 % Industry median: 5.9 %2025-10-505102022 Company: — Industry median: 5.9 %2023 Company: 7.4 % Industry median: 5.2 %20232024 Company: -5.2 % Industry median: 5.9 %2025 Company: 0.6 % Industry median: 5.9 %2025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 64 189 € · −93.9% vs 2024
05001 0001 5002 0002 5002022 Company: 1 564 033 €20222023 Company: 2 338 745 €20232024 Company: 1 057 474 €20242025 Company: 64 189 €202505001 0001 5002 0002 5002022 Company: 1 564 033 €2023 Company: 2 338 745 €20232024 Company: 1 057 474 €2025 Company: 64 189 €2025
Equity, € thousand 2025: 9 349 € · +1 554.7% vs 2024
-500501001502022 Company: -42 505 €20222023 Company: 124 943 €20232024 Company: 565 €20242025 Company: 9 349 €2025-500501001502022 Company: -42 505 €2023 Company: 124 943 €20232024 Company: 565 €2025 Company: 9 349 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 1 497 921 8 784 0 64 189 9 349 0
2024 2 384 135 -124 378 0 1 057 474 565 0
2023 2 256 674 167 448 0 2 338 745 124 943 0
2022 — -45 005 0 1 564 033 -42 505 0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
0.6 %
Net profit / revenue
Return on equity (ROE)
94.0 %
Net profit / equity
Return on assets (ROA)
13.7 %
Net profit / assets
Equity ratio
14.6 %
Equity / assets
Debt ratio
85.4 %
Liabilities / assets
Current ratio
1.17
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 26 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Jun 2024 Company’s own · audited e-Äriregister
2022 15 Dec 2021 – 31 Dec 2022 16 Apr 2023 Company’s own e-Äriregister

Board

  • Andres Ütt
    Board member · since 15 Dec 2021
  • Martin Varvas
    Board member · since 15 Dec 2021
  • Sandor Simson
    Board member · since 15 Dec 2021
  • Nasdaq CSD SE
    Keeper of the share register · since 7 Apr 2022

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Beneficial owners

  • Andres Ütt
    Member of a senior management body (management or supervisory board) · since 15 Dec 2021
  • Martin Varvas
    Member of a senior management body (management or supervisory board) · since 15 Dec 2021
  • Sandor Simson
    Member of a senior management body (management or supervisory board) · since 15 Dec 2021

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68121Development of building projects Main
Rulings
Number, date Title Deadline State Document
Ä 50191098 / 3
25 Jul 2023
Amendment entry In force
25 Jul 2023
PDF
Ä 50191098 / 2
7 Apr 2022
Amendment entry In force
7 Apr 2022
PDF
Ä 50191098
15 Dec 2021
First entry In force
15 Dec 2021
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data